Powered by

These NYC companies are sticking with Facebook's Libra despite high-profile defections

Oct 23, 2019 - New York Business Journal

Four New York companies remain on Facebook's Libra Association, the group that governs the social network's cryptocurrency development, while others have deflected.

Venture capital firms Union Square Ventures and Thrive Capital each remain with the company to help build and maintain the Libra payments network. Joining them are the nonprofit group Women's World Banking, and Spotify, the digital music streaming service.

Spotify was launched in Sweden but has since moved its headquarter...